earth st ApS

CVR 40686894 · Private limited company (ApS) · Active · Low risk

earth st ApS is a Private limited company (ApS), founded on , based in Løgstør. The company is registered in the industry arkitektaktiviteter. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2,089 and a net result of DKK -348. CEO: Mads Odgaard Johansen.

Bankruptcy risk for earth st ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
40686894
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Tinggårdsvej 10, Tinggårdsvej 10
9670 Løgstør
Municipality
Vesthimmerlands
Industry
Arkitektaktiviteter (711100)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio45.5%
Current ratio184%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -350DKK -2,350DKK -2,351
Net profitDKK -348DKK -2,336DKK -2,348
EquityDKK 2,089DKK 2,437DKK 4,773
Total assetsDKK 4,589DKK 4,937DKK 7,273
CashDKK 3,964DKK 4,312–
Short-term debtDKK 2,500DKK 2,500–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 202138
1 Aug 2019 – 31 Dec 2020193 Late

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMads Odgaard JohansenCurrent
Owner (100%)ODGAARD JOHANSEN ApSCurrent
FounderODGAARD JOHANSEN ApSCurrent

Address history (0 moves)

c/o Tinggårdsvej 10, Tinggårdsvej 10, 9670 Løgstør

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about earth st ApS

Has earth st ApS gone bankrupt?

No, earth st ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of earth st ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of earth st ApS?

Mads Odgaard Johansen is the CEO of earth st ApS.

When was earth st ApS founded?

earth st ApS was founded on 1 August 2019.

What is the equity of earth st ApS?

Equity was DKK 2,089 according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.